Certified Advisory Corp Grows Holdings in Invesco QQQ $QQQ

Certified Advisory Corp lifted its stake in Invesco QQQ (NASDAQ:QQQ) by 1.7% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 61,687 shares of the exchange traded fund’s stock after buying an additional 1,030 shares during the quarter. Invesco QQQ makes up about 3.2% of Certified Advisory Corp’s investment portfolio, making the stock its 2nd largest position. Certified Advisory Corp’s holdings in Invesco QQQ were worth $35,605,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of QQQ. Brighton Jones LLC lifted its position in shares of Invesco QQQ by 15.0% in the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock worth $19,605,000 after buying an additional 4,989 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in Invesco QQQ by 3.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock valued at $2,687,000 after buying an additional 176 shares during the last quarter. Jupiter Wealth Management LLC purchased a new position in Invesco QQQ during the 2nd quarter valued at approximately $290,000. Wealth Group Ltd. grew its holdings in Invesco QQQ by 283.7% during the 2nd quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund’s stock valued at $13,587,000 after buying an additional 18,210 shares in the last quarter. Finally, Invesco Ltd. increased its stake in Invesco QQQ by 1,057.3% in the 2nd quarter. Invesco Ltd. now owns 33,063 shares of the exchange traded fund’s stock worth $18,239,000 after acquiring an additional 30,206 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.6%

Shares of QQQ opened at $709.51 on Thursday. Invesco QQQ has a 1 year low of $539.38 and a 1 year high of $748.65. The business’s 50 day simple moving average is $701.85 and its 200-day simple moving average is $641.70.

Invesco QQQ Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Monday, June 22nd will be given a $0.8135 dividend. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.73. This represents a $3.25 annualized dividend and a yield of 0.5%. The ex-dividend date is Monday, June 22nd.

Invesco QQQ News Summary

Here are the key news stories impacting Invesco QQQ this week:

• Positive Sentiment: Some commentary argues the recent AI and semiconductor pullback is likely profit-taking rather than a broken long-term story, which could help QQQ rebound if buyers return. Market Strategist Says AI Selloff Is ‘Just Profit-Taking,’ Not a Broken Story
• Positive Sentiment: Several market outlook pieces suggest the S&P 500 and the broader rally still have upside left, which supports sentiment for large-cap growth exposure like QQQ. S&P 500’s Rally Still Looks Fundamentally Well Supported
• Positive Sentiment: Wall Street commentary says the current summer slump in stocks may be short-lived, suggesting recent weakness could be temporary rather than a trend change. Why Wall Street’s Summer Slump Will Be Short-Lived
• Neutral Sentiment: QQQ remains heavily used by options traders, and a new article highlighted covered-call income potential in the ETF. This reinforces QQQ’s popularity but does not materially change fundamentals. Can You Sell Covered Calls on Leveraged ETFs for Income? Yes, But The Yield Is Risky
• Neutral Sentiment: State Street launched a new Nasdaq 100 ETF, adding competition for QQQ-style exposure, but the near-term effect on QQQ’s price should be limited. State Street Goes Heads Up With Qs, Launches Nasdaq 100 ETF
• Negative Sentiment: Market coverage noted a broader tech sell-off and weakness in chip stocks, which is a headwind for QQQ because the fund is heavily weighted toward large technology names. Stock Market Today: Dow Falls After Tech Sell-Off; FedEx Dives On Earnings (Live Coverage)
• Negative Sentiment: Other commentary pointed to risks from higher-for-longer interest rates, rising real yields, and signs of a potential market rotation away from tech, all of which can pressure QQQ. Higher-For-Longer Interest Rates Could Disrupt The Current Market Narrative

About Invesco QQQ

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.